The online real-estate database Estately has placed Bellingham sixth on a list of 10 Washington state cities on the rise.
Estately says it used U.S. Census data and FBI crime statistics to rank every Washington city with populations greater than 30,000. Rankings take into account several criteria: population, home values, poverty levels, crime rates, incomes and residents with bachelor’s degrees.
Bellingham shined in rankings of poverty reduction and home values.
The number of people living below the poverty line in Bellingham dropped 16 percent between 2000 and 2012, according to Estately’s analysis of Census data. The value of owner-occupied homes in the city increased 85.27 percent from 2000 to 2010.
According to Estately: “Bellingham has seen an impressive reduction in poverty rates over the past 10 years, but there’s still a ways to go in increasing income levels. The city’s college educated population is growing steadily, and home values are definitely ticking up. A stronger, more diversified economy would go a long [way] toward putting Bellingham at the top of this list.”
The full list of 10 Washington cities on the rise:
View the full report here: http://blog.estately.com/2014/04/10-washington-state-cities-on-the-rise-in-2014/